China’s economic growth slowed in the second quarter, impacted by weak domestic demand. Strong exports, particularly in electric vehicles and AI, provided some support. Consumer spending and investment remain subdued amid property market uncertainty. The nation faces challenges balancing high-tech growth with job creation. Officials aim for higher quality growth and a stronger domestic market. China’s economic growth slowed in the second quarter, impacted by weak domestic demand. Strong exports, particularly in electric vehicles and AI, provided some support. Consumer spending and investment remain subdued amid property market uncertainty. The nation faces challenges balancing high-tech growth with job creation. Officials aim for higher quality growth and a stronger domestic market.
